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5588 Blessings Ln, Cromwell, MN, 55726

1beds
0baths
360sqft
$160,000
$444price/sqft
$1,285/moest. monthly cost
$51,400/yrincome needed

About This Home

Welcome to Lake Life!! Nestled in the tall white pines, come home to your adorable Amish built cabin! There is a kitchenette with a working stove and fridge, plus a cozy propane fireplace in the living room. There is a private bedroom in the back, too. Most furnishings can stay. You'll also love the screened in front porch that faces the lake. Spend time with family at the picnic table, or around the fire. Enjoy the brand new dock, perfect for watching the wildlife - including ducks, geese and trumpeter swans. Imagine spending the day paddling on the lake, fishing for walleye and soaking up the sun. Don't miss the wooden swing for two perfectly situated for relaxing and watching the water. For added convenience, there is an electric incinerator toilet on site, a hand pump well, a car canopy and a small storage shed. There's plenty of room for pitching a tent, and there is also an outlet for your camper, if needed. An oasis is waiting! Come see it today!

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

5/10
Cromwell-Wright SecondaryGrades 7-121.1 mi

Construction

Condition

  • Property condition: Previously Owned
  • Year built: 2004

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Log,Frame/Wood

Type & Style

  • Home type: SingleFamily
  • Architectural style: Rustic
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range,Refrigerator

Bedroom

  • Level: Main
  • Area: 88
  • Dimensions: 11 x 8

Bedrooms & Bathrooms

  • Bedrooms: 1
  • 1/4 bathrooms: 1
  • Main level bedrooms: 1

Features

  • Vaulted Ceilings
  • Number of fireplaces: 1
  • Fireplace features: Gas
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 360

Heating

  • Heating features: Fireplace(s),Propane

Interior Area

  • Total interior livable area: 360 sqft

Living Room

  • Level: Main
  • Area: 154
  • Dimensions: 14 x 11

Other

  • Level: Main
  • Area: 55
  • Dimensions: 11 x 5

Property

Details

  • Parcel number: 900101461
  • Other equipment: Fuel Tank-Owned
  • Foundation area: 360

Features

  • Has view: Yes
  • View description: Panoramic
  • On waterfront: Yes
  • Waterfront features: Inland Lake,Waterfront Access(Private)
  • Waterbody name: Island
  • Frontage length: 100

Lot

  • Lot size: 0.65 Acres
  • Features: Accessible Shoreline,Tree Coverage - Medium
  • Lot size dimensions: 100 x 250 x 100 x 240

Parking

  • Parking features: Gravel,None

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Lightning
    LightningRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Hail
Heat Wave
Inland Flooding
Ice Storm
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters in Carlton County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $809$9,708
Home Insurance *$162$1,944
Property Taxes $144$1,728
Electricity $170$2,050
Total$1,285$15,420
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$44,057/yr
40% on housing$38,550/yr
45% on housing$34,266/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 2.4%
2.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$444This listing

vs Other Active Listings

Avg $/sqft

ZIP 55726$175
Carlton County$203

vs Homes Sold Last Month

Median $/sqft

ZIP 55726
Carlton County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-22Listed for sale$170,000
2023-06-26Sold$145,000
2023-06-12Pending sale$145,000
2023-06-07Listed for sale$145,000
2021-05-28Sold$86,500

For Sale by Agent

AgentLeah Borgren
BrokerageRE/MAX Results

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